3 bedroom terraced house for sale

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3 bedroom terraced house for sale

Seaside Road, Eastbourne
£400,000

Price History

Initial price £425,000
04/04/25 £400,000
Price Change -5.88%

Description

Milestone Group presents a unique mixed-use investment opportunity in Eastbourne's BN21 area, offering a stable commercial income and exceptional residential accommodation. The property features a commercial unit on the ground and basement floors, currently rented at £12,000 per annum, with the potential to increase to £14,000 within 12 months. The residential aspect is beautifully refurbished, spanning three upper floors, and comprises three spacious double bedrooms, two reception rooms, and generous living spaces, including a separate dining room and spacious roof terrace. With an estimated residential rental value of £17,400 per annum, the combined income potential is £31,400 per annum, making it a robust and appealing investment opportunity. Situated in a desirable location with excellent amenities and transport links, the property offers an ideal blend of immediate rental income and long-term capital growth, with a quoted price significantly below the area's average, indicating a potentially advantageous investment opportunity.